1461 SW 124th Court 13-c, Miami, FL 33184 — MLS photo

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1461 SW 124th Court 13-c, Miami, FL 33184

Active · Townhouse

$505,000

1461 SW 124th Court 13-c, Miami, FL 33184

Beds
2
Baths
3
Living area
1,640 sq ft
$ / sq ft
$308/sq ft
Year built
1984
Lot size
—
HOA fee
$465
Annual tax
—

About this property

Investor Opportunity with Immediate Cash Flow! Welcome to 1461 SW 124th Ct #C-13, Miami, FL 33184, a beautifully renovated townhome offering immediate income potential with a tenant already in place for the next 15 months, making this an ideal turnkey investment opportunity. This spacious 2-bedroom, 2.5-bath residence features approximately 1,640 square feet of well-designed living space, with the flexibility to potentially convert to a 3-bedroom layout for added value and future versatility. Recent renovations provide a modern, move-in-ready feel, including tile flooring throughout the first floor, warm wood flooring upstairs, updated appliances, and tastefully refreshed finishes throughout. The bright and open floor plan is enhanced by soaring ceilings and abundant natural light, creating an inviting atmosphere for tenants and future homeowners alike. The kitchen seamlessly connects to the living and dining areas, offering functional everyday living and entertaining space. A convenient half bath is located on the main level, while upstairs, both generously sized bedrooms feature private en-suite bathrooms for maximum comfort and privacy. Outdoor living is equally appealing, with both front and rear patio areas providing additional space to relax and enjoy South Florida's year-round sunshine. What truly sets this property apart is its exceptional location. Situated in the highly desirable Tamiami area, residents enjoy being just minutes from Dolphin Mall, Florida International University, Tamiami Park, major supermarkets, shopping centers, dining, and entertainment. Quick access to the Florida's Turnpike and other major roadways provides convenient connectivity throughout Miami-Dade County while maintaining the peaceful residential character of the community. Whether you're looking to expand your investment portfolio with an income-producing asset or secure a property in one of Miami's most sought-after rental markets, this renovated townhome presents an outstanding opportunity with built-in cash flow from day one.

Property location

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1461 SW 124th Court 13-c, Miami, FL 33184

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,640 sq ft

Exterior & Structure

Property type
Townhouse
Year built
1984

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$465
County
Miami-Dade
MLS listing ID
B26034590
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$46

Cap rate
5.6%
Net yield
5.6%
Cash-on-cash return
-0.4%
Gross yield
10.3%
Mortgage payment
$2,394/mo
Down payment
$126,250
Loan amount
$378,750
Annual NOI
$28,173

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.